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Elon Musk has expressed interest in buying English soccer club Liverpool, his father says

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Elon Musk has expressed interest in buying English soccer club Liverpool, his father says
News

News

Elon Musk has expressed interest in buying English soccer club Liverpool, his father says

2025-01-08 03:49 Last Updated At:04:11

Elon Musk's father says his billionaire son has expressed interest in buying English soccer club Liverpool.

The Premier League club is privately owned by Fenway Sports Group, which has not indicated it wants to sell but has accepted external investment in the past.

Errol Musk, in an interview with Times Radio, acknowledged that the Tesla CEO has shown an interest in the six-time European Cup champions.

“Oh yes, but that doesn't mean he's buying it,” Errol Musk said. “He would like to, yes, obviously, anybody would want to. So would I.”

He also said: “I can’t comment on that. They’ll raise the price.”

When contacted by The Associated Press, a spokesperson for FSG said there was “No truth to these rumors.”

In September 2023, FSG sold a minority stake to U.S. investment firm Dynasty Equity.

At that time, FSG president Mike Gordon said: "Our long-term commitment to Liverpool remains as strong as ever. We have always said that if there is an investment partner that is right for Liverpool then we would pursue the opportunity to help ensure the club’s long-term financial resiliency and future growth.”

Under FSG, Liverpool has re-established itself as one of the leading clubs in Europe. The Merseyside club won its first English league title in 30 years in 2020 — one season after winning the Champions League title. It leads the Premier League and Champions League this season.

Errol Musk said they have relatives in Liverpool and that “we were fortunate enough to know quite a few of the Beatles because they grew up with us — my family."

Elon Musk has gotten himself involved in British politics since the center-left Labour Party was elected in July. Musk has used his social network, X, to call for a new election.

On Monday, Starmer condemned “lies and misinformation” that he said are undermining British democracy, in response to a barrage of attacks on his government from Musk.

AP soccer: https://apnews.com/hub/soccer

Liverpool's Cody Gakpo, center, celebrates after scoring his side's first goal against Manchester United during the English Premier League soccer match at the Anfield stadium in Liverpool, England, Sunday, Jan. 5, 2025. (AP Photo/Jon Super)

Liverpool's Cody Gakpo, center, celebrates after scoring his side's first goal against Manchester United during the English Premier League soccer match at the Anfield stadium in Liverpool, England, Sunday, Jan. 5, 2025. (AP Photo/Jon Super)

FILE - Elon Musk jumps on the stage as Republican presidential nominee former President Donald Trump speaks during a campaign rally at the Butler Farm Show on Oct. 5, 2024, in Butler, Pa. (AP Photo/Evan Vucci, File)

FILE - Elon Musk jumps on the stage as Republican presidential nominee former President Donald Trump speaks during a campaign rally at the Butler Farm Show on Oct. 5, 2024, in Butler, Pa. (AP Photo/Evan Vucci, File)

Next Article

Partners Capital Announces the Promotion of Two Partners and Five Managing Directors

2025-01-08 16:02 Last Updated At:16:11

LONDON--(BUSINESS WIRE)--Jan 8, 2025--

Partners Capital, a leading global investment firm with over $60B of assets under management on behalf of endowments, foundations, family offices and high net worth individuals, is delighted to announce seven promotions into its senior leadership team including two Partners and five Managing Directors.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250108916808/en/

New Partners

Lenia Ascenso and Leslie Fitzgerald have been promoted to Partner.

Lenia joined Partners Capital in 2021 to establish and lead the Investment Operations function. With 25 years of senior investment operations experience at firms such as NEPC, JP Morgan, and Wellington, she brought invaluable expertise to the team. She is based in our Boston office.

Leslie joined the firm in 2017 from Cambridge Associates and has been an integral part of our Client CIO team overseeing several of our private and institutional clients in North America. She is based in our Boston office.

New Managing Directors

Our five newly appointed Managing Directors represent a wealth of talent from our UK and US teams:

“We are delighted to announce these seven promotions to our global leadership team. Each of these individuals have made significant contributions to our firm in each of their fields alongside being great role models who have helped nurture our people and culture. I look forward to seeing their continued impact as they play a pivotal role in driving our success in the coming years,” said Arjun Raghavan, CEO of Partners Capital.

About Partners Capital

Founded in 2001, Partners Capital is a leading global investment firm acting for distinguished endowments and foundations, senior investment professionals and prominent families across the globe. With $60B+ in assets under management, the firm acts as an investment partner to its clients by constructing and managing customised investment portfolios that tap into its deep network of manager relationships across all major asset classes. The firm employs more than 370 people across its seven offices located in Boston, New York, London, San Francisco, Paris, Singapore and Hong Kong.

Partners Capital Announces the Promotion of Two Partners and Five Managing Directors. (Photo: Business Wire)

Partners Capital Announces the Promotion of Two Partners and Five Managing Directors. (Photo: Business Wire)

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